Photo: Thomas Cooper/Getty Images

Colt announced Thursday that it is ending the production and sale of AR-15 rifles for civilians.

Why it matters: Colt cites excess market capacity as its reason for shutting down the line, stating, "Given this level of manufacturing capacity, we believe there is adequate supply for modern sporting rifles for the foreseeable future."

  • AR-15s and other assault weapons have been at the center of a reinvigorated debate about gun control following their use in recent mass shootings.
  • Colt President and CEO Dennis Veilleux said in a statement that the move is unrelated to that debate: "We want to assure you that Colt is committed to the Second Amendment."

Between the lines: The lack of AR-15 sales for Colt could be due to its $1,000+ price tag for the rifle — notably higher than its competitors, notes American Military News.

Go deeper: Beto: "Hell, yes, we're going to take your AR-15"

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Updated 13 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Pence chief of staff Marc Short tests positive for coronavirus — COVID-19 looms over White House Halloween celebrations
  2. Health: Fauci says maybe we should mandate masks if people don't wear them — America was sick well before it ever got COVID-19
  3. World: Polish President Andrzej Duda tests positive for COVID-19.

Pence chief of staff Marc Short tests positive for coronavirus

Marc Short with Katie Miller, Vice President Pence's communications director, in March. Photo: Doug Mills/The New York Times via Reuters

Marc Short, Vice President Mike Pence’s chief of staff, tested positive for the coronavirus Saturday and is quarantining, according to a White House statement.

Why it matters: Short is Pence's closest aide, and was one of the most powerful forces on the White House coronavirus task force.

6 hours ago - World

Opposition leader Leopoldo López flees Venezuela

Venezuelan opposition politician Leopoldo López outside the Spanish embassy in Caracas, in 2019. Photo: Juan Barreto/AFP via Getty Images

Leopoldo López, a former political prisoner and prominent Venezuelan opposition leader, has left the country, his Popular Will party confirmed in a statement Saturday.

Why it matters: He's been an influential force in the push to oust President Nicolás Maduro's regime and a mentor to opposition leader Juan Guaidó. He'd been in the Spanish ambassador's Caracas residence since escaping house arrest in April 2019 following a failed military uprising.